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Staffing Company Investment Opportunity in Bangalore, India

Bangalore based IT services & IT staffing business, expanding to USA and UK.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 140 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin 20 - 30 %
Industries Staffing + 1 more
Locations  Bangalore
Local Time 10:21 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 120 thousand for 25.0% stake (Native Currency: INR 10,000,000)
Reason: - Funds are expected to be infused for working capital and expansion of sales and recruitment team f... View More
Includes physical assets worth USD 30 thousand
Documents
Business Overview

- We are new age technology services and staffing company started operations on Oct 2018.

- FY19-20 revenue was INR 0.42 crores and FY20-21 revenue was INR 1.2 crores.

- Current revenues are maximum from staffing business.

- Have new managed services project orders in pipeline and 100 + contractors hiring opportunity immediately and exclusively.

- We have also developed an eGovernance product, we have retained 50% of the IP rights and the application can be sold to Government clients.

- We already have different government clients who are interested to use our product expect revenues coming from next quarter, and once we start marketing the product.

- Promoter has a strong background with over 17 years of management experience in the IT services and staffing.

- Promoter was previously employed as a CEO of a mid-size IT services firm where he grew revenues by 95% in one year and prior to that was a BU Head at an MNC heading operation across India and EMEA for a business line generating revenues of over INR 150 crores each year.

- We have recently acquired a companies in USA and UK, The idea is to parallelly setup USA and UK offshore recruitment team in Bangalore.

Products & Services Overview

IT services including enterprise and custom application development services, technical contract staffing (IT), eGovernance product.

Assets Overview

Well-established business, strong team, and other IPs.

Facilities Overview

Manyata Tech Park, Sales and Corporate office,

Development Center in Hennur Road Bangalore.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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